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A business asset of Rs. 43142 and owner’s equity Rs.13210. What is the amount of liabilities?

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A business asset of Rs. 43142 and owner’s equity Rs.13210. What is the amount of liabilities? Answer: Rs. 31102

Question context

This question is part of 🌍 Current Affairs within the broader 🌐 Current Affairs & GK subject and appears in the Audit preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.